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ESB NETWORK AND E-CARS INFRASTRUCTURE

Signature(s)

Amount
€ 235,000,000
Countries
Sector(s)
Ireland : € 235,000,000
Energy : € 235,000,000
Signature date(s)
17/11/2011 : € 235,000,000
Link to source

Summary sheet

Release date
22 July 2011
Status
Reference
Signed | 17/11/2011
20110213
Project name
Promoter - financial intermediary
ESB Electricity Grid Upgrade

Electricity Supply Board (ESB)

Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 200 million
EUR 470 million
Location
Sector(s)
Description
Objectives

Multiannual programme for transmission and distribution assets upgrade including smart metering activities, electric vehicle charging infrastructure and connection of renewable generations to the network.

The project supports the reinforcement and modernisation of the electricity transmission and distribution networks of Ireland. It also includes detailed design and specification activities for the anticipated deployment of smart (digital) meters in Ireland and the implementation of a national electric vehicle charging infrastructure.

Environmental aspects
Procurement

Environmental impact studies have been carried out in compliance with the relevant EU and national environmental legislation and mitigating measures will be applied as necessary. The potential environmental benefits of the electric vehicle programme will be assessed during the appraisal.

The promoter is a contracting entity that falls under the Utilities Directive 2004/17/EC, and is therefore required to tender works, supplies and services contracts following public procurement rules, including the publication in the Official Journal of the EU as appropriate.

Link to source

Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

News & Stories

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The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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